Grocery stores have been part of the American business landscape for decades. They mostly replaced the practice of individuals buying food directly from farmers. Their convenience was substantial and has been for a long…
Netflix, battered last year by a slowdown in its business, briefly had two CEOs. One was founder Reed Hastings. The other was his hand-picked partner Ted Sarandos. Hastings has stepped down recently. However, each…
There are about 91,000 hotels in the U.S. It has been one of the most profitable parts of the travel industry for most of the last several decades. The COVID-19 pandemic nearly destroyed it.…
The March consumer price index figures could be signaling that the rapid rise in inflation, which has injured the economy for months and caused the Federal Reserve to rapidly raise rates, may be ending.…
It was a scene no car company wants to witness: its flagship EV engulfed by fire on the news.
IBM has become a second-tier tech company, and its latest earnings show why.
Failed electric vehicle (EV) maker Rivian has found its stock hit again.
Bed Bath & Beyond is about to end up on the junk heap of retailers that were once highly successful but could not keep up the momentum.
In the balance of profit against market share, Tesla founder Elon Musk has decided that market share will win for now.
Facebook is preparing to lay off thousands more of its workers in April and May.
A recent analysis reveals that Spirit Airlines had the lowest customer satisfaction rating in the United States.
China announced its economy grew by 4.5% in the first quarter. Is that figure too good to be true?
Inflation cooled in March according to the recent consumer price index report, though many economists believe the move is not permanent. Based on the March CPI – a measure of the costs of U.S.…
Apple wants all your money. That is, it wants every dime of your savings.
The Caspian Sea is the world’s largest inland body of water. As with many of the world’s largest lakes, the diversion of water for human activity is having an effect.
This CEO's letter to shareholders has one piece of advice that is valuable to almost every business, though he does not seem to follow it.
Buzzfeed posted an ugly fourth quarter, but its forecast for the first quarter of this year was much worse.
The BLS released the Consumer Price Index for March. Overall the rate of inflation was up 5% year over year. That was a sharp slowing from the figure early this year and in the…
A year ago, people complained that the rate paid on their savings accounts was barely 1%. Why not keep the money in their checking accounts, many people argued. That problem has disappeared rapidly. Some…
The rate of inflation in the US has gone down. Six months ago, it ran 8% a year over the previous year each month. That came down to 5%, according to the CPI. The…
